LUIS LUCE UNHA Shtay binasi 7 CHAPTER 6 Budgeting 7 Chapter 6 Post-Class Homework Take me to the text For the upcoming year, the Hotel Maritime banquet department expects to generate $3,354,000 of revenue. Based on historical trends, the company makes the most sales in the fourth quarter. As a result, it assumes that the fourth quarter will contribute 60% of the annual revenue. The remaining budgeted amount will be allocated equally between the other three quarters. For each quarter, calculate the budgeted sales in dollars. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number Q1 Q2 Q3 Q4 Year $ Check Crir attempt to submit the attempt, go to the end of the quizand click on the submit all and finish" button of Flower Catering provides catering to downtown offices. The company estimated there will be $63,200 in food inventory at the beginning of December 2020. Power Catering wants to have all of that amount in its inventory at the end of Decembered on the forecast out of food sales in December will be $127.400 Do not enter dotasis.oe commas in the nut bones Use the negative sign for negative values or values that must be subtracted Prepare a purchases budget Flower Catering Purchases Budget Month Ending December 31, 2020 Budgeted Cost of Sales Required Ending Inventory Budsjete Beginning inventory required Purchases Check Take me to the text Adriar's Restaurant is a 69-seat restaurant open every day for lunch and dinner. For the month of May, it plans to turn over the restaurant 15 times at lunch and 2.5 times at dinner. Each server can handle 23 guests at a time, tunch shifts are typically 3 hours and dinner shifts are typically 6 hours Servers earn $15 per hour. Calculate the cost of server labour for lunch, dinner and in total for the month of May, Do not enter dollar signs or commas in the input boxes Round allanswers to the nearest whole number Lunch Labour costs Dinner Labour Costs Total Labour Cost = $ Check Happy Habanero Inc. has decided to purchase new capital equipment costing $480,000 cash in the next liscal year. They also intend on selling their old equipment for $38,000 cash Prepare the capital budget for Happy Habanero Inc, for their upcoming year-end (November 30, 2020). Do not enter dollarsigns or commas in the incut boxes Happy Habanero Inc. Capital Budget for year-ending November 30, 2020 Capital Expenditures Less Sale of Capital Assets 5 Total Capital Expenditures $ Check Note: The "check" button does not submit your attempt to submit the attempt, go to the end of the quiz and dick on the submit all and finish" button Take me to the text Super K Hotels expects $850,000 of total sales in February and $730,000 of total sales in March Historically, the company collects term of its total sales in the month of sale and 14% in the following month Determine the amount of cash that the company expects to collect in the month of March Do not enter dollar signs or commas in the input.boxes. Super K Hotels Cash Collections Budget For the Month Ending March 31, 2020 Collection of February Sales $ Collection of March Sales Total cash to be collected Check